Payroll Entries The payroll register for D. Salah Company for the week ended May 18 indicated the following: Salaries $462,000 Federal income tax withheld 92,400 The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.8%, respectively, on $9,000 of salaries. If an amount box does not require an entry, leave it blank. a.  Journalize the entry to record the payroll for the week of May 18. May 18 Salaries Expense  fill in the blank 2cbe2c039021034_2 fill in the blank 2cbe2c039021034_3   Social Security Tax Payable  fill in the blank 2cbe2c039021034_5 fill in the blank 2cbe2c039021034_6   Medicare Tax Payable  fill in the blank 2cbe2c039021034_8 fill in the blank 2cbe2c039021034_9   Employees Federal Income Tax Payable  fill in the blank 2cbe2c039021034_11 fill in the blank 2cbe2c039021034_12   Salaries Payable  fill in the blank 2cbe2c039021034_14 fill in the blank 2cbe2c039021034_15   Feedback b.  Journalize the entry to record the payroll tax expense incurred for the week of May 18. May 18 Payroll Tax Expense  fill in the blank 9f9c73007ffb07e_2 fill in the blank 9f9c73007ffb07e_3   Social Security Tax Payable  fill in the blank 9f9c73007ffb07e_5 fill in the blank 9f9c73007ffb07e_6   Medicare Tax Payable  fill in the blank 9f9c73007ffb07e_8 fill in the blank 9f9c73007ffb07e_9   State Unemployment Tax Payable  fill in the blank 9f9c73007ffb07e_11 fill in the blank 9f9c73007ffb07e_12   Federal Unemployment Tax Payable  fill in the blank 9f9c73007ffb07e_14 fill in the blank 9f9c73007ffb07e_15

College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter8: Employer Taxes, Payments, And Reports
Section: Chapter Questions
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Payroll Entries

The payroll register for D. Salah Company for the week ended May 18 indicated the following:

Salaries $462,000
Federal income tax withheld 92,400

The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.8%, respectively, on $9,000 of salaries.

If an amount box does not require an entry, leave it blank.

a.  Journalize the entry to record the payroll for the week of May 18.

May 18 Salaries Expense  fill in the blank 2cbe2c039021034_2 fill in the blank 2cbe2c039021034_3
  Social Security Tax Payable  fill in the blank 2cbe2c039021034_5 fill in the blank 2cbe2c039021034_6
  Medicare Tax Payable  fill in the blank 2cbe2c039021034_8 fill in the blank 2cbe2c039021034_9
  Employees Federal Income Tax Payable  fill in the blank 2cbe2c039021034_11 fill in the blank 2cbe2c039021034_12
  Salaries Payable  fill in the blank 2cbe2c039021034_14 fill in the blank 2cbe2c039021034_15
 
Feedback

b.  Journalize the entry to record the payroll tax expense incurred for the week of May 18.

May 18 Payroll Tax Expense  fill in the blank 9f9c73007ffb07e_2 fill in the blank 9f9c73007ffb07e_3
  Social Security Tax Payable  fill in the blank 9f9c73007ffb07e_5 fill in the blank 9f9c73007ffb07e_6
  Medicare Tax Payable  fill in the blank 9f9c73007ffb07e_8 fill in the blank 9f9c73007ffb07e_9
  State Unemployment Tax Payable  fill in the blank 9f9c73007ffb07e_11 fill in the blank 9f9c73007ffb07e_12
  Federal Unemployment Tax Payable  fill in the blank 9f9c73007ffb07e_14 fill in the blank 9f9c73007ffb07e_15
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